Billonaire Elon Musk's plan to build a futuristic Hyperloop transportation is like one of the things that you only get to read or watch from a science fiction novel or movie. His ambitious project to whisk passengers between Los Angeles and San Francisco faster than the speed of sound would even beat Japan's 'Bullet Train'.

On Monday, Musk finally unveiled the details of the Hyperloop through a blog post and press conference. In his previous interviews, the Paypal co-founder described the Hyperloop as a 'cross between a Concorde and a railgun and an air hockey table."

According to his blogpost, Musk opined that the Hyperloop is "the right solution for the specific case of high traffic city pairs that are less than about 1500 km or 900 miles apart."

His inspiration to build the future's next mode of transportation came from being disappointed at California's high speed rail project.

He wrote: "How could it be that the home of Silicon Valley and JPL – doing incredible things like indexing all the world’s knowledge and putting rovers on Mars – would build a bullet train that is both one of the most expensive per mile and one of the slowest in the world?"

Musk, who also co-founded Tesla Motors and known to be obsessed with cars, is looking at the Hyperloop to be "sustainably self-powering", "immune to weather", "earthquake resistant" and "not disruptive to hose along the route" aside from it being safer, faster, cost-efficient, and convenient.

The Hyperloop can carry up to 28 passengers, each enclosed in a capsule through low-pressure steel tube traveling through a 800 miles per hour. "It's like getting a ride on Space Mountain at Disneyland," he said.

He also told Bloomberg Businessweek that the "tubes would be mounted on columns 50 to 100 yards apart" to avoid land issues. It would be built on a direct freeway between Los Angeles and San Francisco that leave every 30 seconds.

Generally, the Hyperloop was designed to connect cities less than 1,000 miles apart that have high traffic levels. "It makes sense for things like L.A. to San Francisco, New York to D.C., New York to Boston,” he said.

While the unveiling of the Hyperloop is just the beginning of many things to come for it to exist physically, the Hyperloop will not be built anytime soon.

Maybe I could do the beginning bit... and then hand it over to somebody else," he told reporters in the press conference last Monday. "I still have to run SpaceX and Tesla, and it’s f***ing hard."

He is posting the design as an open source for others to improve the project."“There are sure to be suggestions out there for making this better, correcting any mistakes, and refining the design.”

The Hyperloop could take between 7 to 10 years for it to be completed.